Post
Topic
Board Speculation
Re: Bitcoin price after ETF 2500$?
by
LittleBitFunny
on 05/03/2017, 13:10:54 UTC
2500-3000$ each BTC?

Throwing around arbitrary figures won't get us anywhere.  Numbers of where Bitcoin could go after the ETF are generally based on weak speculation.  Frankly, it could go nearly anywhere.  However, maybe the ETF will result in a rise of Bitcoin but I think that people are viewing this as an event that will just instantly throw Bitcoin into the stars.  

It'll take time and time to build legitimacy.  The volatility of Bitcoin right now based on that event might even stop Bitcoin getting the ETF as it wouldn't be seen as legitimate or reliable.